other material
confidence high
sentiment positive
materiality 0.70
Peraso receives additional $2.88M EOL purchase order for memory IC products
Peraso Inc.
- Non-cancelable order from a customer; total EOL purchase orders now approximately $16.9M, majority in backlog.
- Shipments expected to extend into 2025; company has commenced fulfillment of collective orders.
- Order provides additional cash flow to support mmWave market development and legacy product commitments.